Alain Perez-Majul
Loan Servicing Requirements?
Hey guys, not sure if anyone would know, since this might be kind of random, but:If I'm wanting to start a small "loan servicing" company that is looking to handle PITI between sellers/lenders and tenant-buyers in se...
Lance Luvaul
A: refi 3 loans into 1? B: portfolio loans count in 4 loan limit?
Hi BP: sorry, two questions in one:A: If I refinance 3 hypothetical conforming/secondary loans into 1 big loan, does that reduce the number of loans that count against my limit of 4? (And maybe a 3rd question: is the...
Mary Umoh
Advice Needed on Converting Single-Family Home Zoned RM-1 to Multifamily in Philly
Hello BP community,
I’m currently exploring the possibility of converting a single-family home in Philadelphia, which is zoned RM-1, into a multifamily property. I’d love some guidance and insights from those of you ...
Sunil Sehra
Separate properties under my wife and my name
Good Morning All,
I wanted to validate my thinking. Is it possible for me to buy 4 properties under my name using my income, credit, etc and then another 4 properties under my wife's name using her income, credit, e...
Mimi H.
Alt A loans - experience?
Hi friends,I find myself in a really odd position and thinking about an ALT a mortgage. I've really gone from full-time employment to a contract position but have less than one year of self employment history and as a...
Jason Murphy
Purchasing the 1st mortgage vs a short sale
I'm trying to buy the 1st mortgage note on a property instead of trying to do the short sale. The mortgage is with PHH Mortgage and they didn't know where to direct me to get the process started.
Does anyone know who...
Chaz Desousa
Bigger pockets Portugal or spain
Anyone have suggestions for the comparable bigger pockets forum for spain and Portugal?
Brandon Reiter
10 yr. Fixed vs. 5 yr. Adj. (20 yr. term)
Which loan would you pick on a single family investment property? The property cannot be financed in the secondary market since it's situated on a large commercial lot. Not knowing what the rates will do over the ne...
Al Williamson
Creating a Rent-Independent Multifamily Apartment
Have you ever heard of a multifamily landlord paying their 80% LTV mortgage with "other income" and banking their rents? I'm consumed with the idea and have to solve this riddle.
How could a multifamily owner use the...
Tim Olsen
recently changed to a 1099 and cant refinance... any ideas?
I purchased a triplex in Idaho falls ID six months ago with cash and fully renovated and rented it. Now that the six month seasoning period the banker required is over he has informed me that my switch to a different ...